Nu Skin Anti-Aging Solutions slide image

Nu Skin Anti-Aging Solutions

• . • • LET'S DO THE MATH (SCENARIO #1) Take a look at a hypothetical financial profile for someone who is 50 years of age. Let's say that this person would like to target $5,000 in monthly retirement income. And let's assume some of the other aspects of this situation: They have about $150,000 of savings They want to work for 15 years more years They want to have the financial resources to live for at least 20 years after retirement Let's also assume the following economic factors: a 3% inflation rate 5% after tax return on investment (which is an optimistic rate of return) SLIDE 5 LET'S DO THE MATH Tag MONTHLY INCOME during t Myment ASSETS (not including homel YEARS you want to WORK $5,000 $150,000 15 20 3% 5% $150,000 MONTHLY SAVINGS necessary to achieve target $2,180 Estimated LIFESPAN after retirement INFLATIONS Aber Tax RETURN ON INVESTMENT 7 LEGACY TARGET NOTES . And let's also assume that this person wants to leave $150,000 behind to make a difference in the lives of his children or heirs. • • Given these factors, how much money does this person need to be saving on a monthly basis? In this case, the person would need to be saving $2,180/month-in after tax dollars. If this person is anywhere close to an average income level, it is very unlikely that he will be able to save that kind of money every month.
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